2047 E 7th, Ontario, California 91764, Ontario, 91764 - 3 bed, 2 bath
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Ontario, California 91764
This Value-Add Single-Story Residence is listed at $670,000, representing a stable investment opportunity aligned with its $644,062 Fair Market Value. While currently maintaining a Fair Condition Rating with dated interior elements, the property provides exceptional long-term upside through its massive 8,400 square foot lot and ADU potential. Located within the highly-regarded Chaffey Joint Union High School District and minutes from Ontario Mills, the home combines a strategic location with significant room for forced appreciation. It is perfectly suited for Owner-Occupants or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2047 E 7th Subject | $670,000* List Price | 3 | 2 | 1,169 | $551 | - |
A 1521 Marin Sold | $620,000 | 3 | 2 | 1,144 | $542 | 0.7 mi |
B 1534 N Mariposa Sold | $520,000 | 3 | 2 | 1,144 | $455 | 0.6 mi |
C 1434 N San Diego Active | $650,000 List Price | 3 | 2 | 1,348 | $482 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property is in move-in condition but shows significant signs of being outdated. While the kitchen features updated stainless steel appliances and stone countertops, the oak-style cabinetry, popcorn ceilings, and tile flooring reflect older trends. The exterior shows some deferred maintenance with patchy landscaping and unfinished stucco areas, fitting the 'fair' criteria of a home that is functional but requires cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 1169.
The expansive 8,400 square foot lot offers significant ADU potential and RV parking accessibility, providing excellent value-add opportunities for investors or multi-generational families.
Ideally situated near the 10 and 210 freeways and bordering Rancho Cucamonga, the property provides convenient access to premier shopping and entertainment at Ontario Mills and Victoria Gardens.
With only 1,169 square feet of living area, the interior may feel small for a three-bedroom home, potentially limiting its appeal to larger families.
Built in 1981, the home features older finishes like tile flooring and standard cabinetry that may require additional capital investment to modernize to current market trends.
Located in a highly sought after neighborhood in Ontario, this gorgeous single-story home sits on an expansive 8,400 square foot lot with a spacious backyard and ADU potential. You'll appreciate its great curb appeal, large driveway with two-car garage, paved walkway leading toward the front porch and potential RV parking accessibility. Inside you are greeted by tile flooring, a gas fireplace and a front facing window that lets in an abundance of natural light. The kitchen features plenty of counter and cabinet space as well as a bay window over the sink. Down the hallway you will find two bedrooms with mirrored closets as well as the master bedroom which features a spacious walk-in closet, private full bathroom and access to the large backyard. There's plenty of outdoor space to host family gatherings and customize to your heart's desire. Conveniently located just minutes away from the 10 and 210 freeways and bordering Rancho Cucamonga, this home is near several parks, shopping centers and distinguished schools within the Chaffey Joint Union High School District. Popular locations nearby include Top Golf (2.2 miles away), Ontario Mills (4 miles to the east) and Victoria Gardens (5.5 miles northeast). Don't miss out on this opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,169 | 1,308 | 35% |
| Lot Size | 8,400 | 7,200 | 79% |
| Price | $670.0K | $645.0K | 56% |
| Price per sq ft | $573 | $486 | 76% |
| Built year | 1981 | 1954 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 182 | 2% |
Apr 11, 2026
$670,000
Initial Listing
Apr 9, 2003
$221,000
Public Record
Mar 31, 2000
$145,000
Public Record
Sep 1, 1999
$119,000
Public Record